|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Yahoo Inc and Oracle Corporation. You can compare the effects of market volatilities on Yahoo and Oracle and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Yahoo with a short position of Oracle. Please also check ongoing floating volatility patterns of Yahoo and Oracle.Yahoo! Inc. vs Oracle Corp.
|Daily Returns (%)|
Given the investment horizon of 30 days, Yahoo Inc is expected to under-perform the Oracle. In addition to that, Yahoo is 1.47 times more volatile than Oracle Corporation. It trades about -0.18 of its total potential returns per unit of risk. Oracle Corporation is currently generating about -0.16 per unit of volatility. If you would invest 3,971 in Oracle Corporation on August 1, 2015 and sell it today you would lose (225.00) from holding Oracle Corporation or give up 5.67% of portfolio value over 30 days.
Historical Performance Chart
Predicted Return Density
Pair trading matchups for Yahoo
Pair trading matchups for Oracle